Social Stocks in Competition – Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOG), Twitter Inc (NYSE:TWTR)

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By Mark Michaels on July 10, 2014 Technology & Software

Michael Sayman, a 16 year old teenager who has developed hundreds of apps, had been contacted by Facebook Inc (NASDAQ:FB). The teenager was given a job at the company, which started last month. Moreover, news has it that this young guy also met Mark Zuckerberg, the CEO of Facebook Inc (NASDAQ:FB).

In the last trading session, July 8, Facebook Inc (NASDAQ:FB) opened its stocks at the price of $65.06 and closed at a slightly higher price of $65.29. The company’s 52-week range is $24.42 to $72.59, with a target price of $79. Moreover, the company’s EPS (Earnings per Share) are recorded to be $0.75. The Wall Street analysts estimate total revenues of $2.80 billion for the company whereas 38 other analysts predict revenues of $3 billion for the third quarter of the year 2014.

Coming to Google Inc (NASDAQ:GOOG), Orkut, a social networking site introduced by Google Inc (NASDAQ:GOOG) is shutting down. Google has recently agreed to shut down Orkut in order to focus on Google Plus and YouTube. Orkut had a huge user base in India and Brazil, and ever Since Facebook (FB) gained popularity, Orkut contended against it in the Indian and Brazilian markets whereas Google Plus competed against it in all the other markets. Google Plus did not only make the Orkut users join the new social site but it also remained successful in attracting a lot of new customers and users to it; in doing so, Google Plus made some noteworthy moves and achieved some significant milestones.

On the last trade day, July 8, the company opened its shares at the price of $577.66 whereas closed them at a reduced price of $571.09. The intraday range for Google Inc (NASDAQ:GOOG) stocks was $566.14 to 579.53. As far as company’s 52-week high and low is concerned, the figures are reported to be around $502.80 and $604.83 respectively. Moreover, the company has a price earnings ratio of 31.01 and an EPS of $18.41. As far as company’s institutional ownership goes, the figures are reported to be around 69 percent.

As for Twitter Inc (NYSE:TWTR), news has it that the company has chosen Katie Jacobs Stanton, international head of the firm, as the worldwide media head. Moreover, Gabriel Stricker, Katie’s Boss, has been made the Chief Communications Officer

Twitter Inc (NYSE:TWTR), on the last trade day, started its shares at the price of $39.96 and closed at a reduced price of $37.41. As far as company’s 52 week high and low is concerned, the figures are reported to be around $74.73 and $29.51 respectively. Moreover, the company’s net profit margin for the last quarter was reported to be around -52.84 percent whereas the profit margin for the same time period a year back was -97.06 percent.

The company has a market capitalization of 23.73 billion with average trading volume of 32.50 million shares. Twitter Inc (NYSE:TWTR)’s earnings per share are going in a negative right now: -$1.87. As far as company’s institutional ownership is concerned, it amounts to 71 percent of company’s shares.